Lithuania Company Formation

Key facts

Lithuania Company Formation Facts

Entity typeUAB (uždaroji akcinė bendrovė)
Minimum share capital€1,000
Formation time3–5 working days online, 1–2 weeks via notary
Corporate tax16% corporate income tax (6% for small companies in their first years)
VAT21%
RegistryRegister of Legal Entities (Registrų centras)

Figures on this page are indicative and change often. Government fees, taxes and timelines are confirmed in your written quote after a free consultation. Company formation does not by itself grant residence or citizenship; where a residence route exists we say so and explain its conditions.

Why Lithuania

Baltic fintech hub with fast online registration

  • Europe’s leading fintech licensing jurisdiction
  • Registration in days through the online register
  • Lower corporate tax than most of Western Europe
  • Vilnius has a fast-growing tech and startup scene

Who It Suits

Fintech, payments and e-commerce companies, and founders who want a modern EU jurisdiction with fast digital processes.

Lithuania company formation: Gediminas Tower, Vilnius
16%Corporate tax
Residence

Living in Lithuania Through Your Company

Residence route: hard

Temporary residence permit on business grounds; the company must meet capital and employment conditions.

Funds required (approx.)Our residence service feeFamily can joinDifficulty
About $31,900$18,200YesHard

Residence fees are quoted separately from company formation. Government fees, deposits, translations and insurance are not included.

Documents to Prepare

  • Passport copies of shareholders and the director
  • Proof of address
  • Registered office in Lithuania (we provide)
  • Articles of association (we draft)
  • Bank or accumulative account confirmation for the €1,000 capital
Process

How We Register Your Company in Lithuania

  1. Consultation

    We confirm Lithuania fits your goal and send a written quote.

  2. Documents

    Passport copies, proof of address and powers of attorney.

  3. Filing

    Partner lawyers reserve the name and file with the Register of Legal Entities.

  4. Tax and Bank

    Tax numbers issued and bank or payment account opened.

  5. Residence

    Optional: we file the residence application for you and your family.

FAQ

Lithuania Company Formation Questions

Why does the residence route need a larger investment?

Lithuania requires the company to have equity of at least €28,000 and to employ staff before granting a business residence permit to the owner.

Can I get a fintech licence?

Yes. Lithuania licenses electronic money and payment institutions through the Bank of Lithuania; we partner with specialist counsel for these.

Is the 6% small-company rate automatic?

It applies if revenue is under €300,000 and other conditions are met; otherwise the standard rate applies.